Group: soc.retirement · Group Profile · Search for julie's house in soc.retirement
Author: Harry Hope
Date: Aug 14, 2008 05:30
The combination of weak housing sales, falling home values, tighter mortgage lending criteria and a slowing U.S. economy has left financially strapped homeowners with few options to avoid foreclosure. Many can't find buyers or owe more than their home is worth and can't refinance into an affordable loan. From The Associated Press, 8/14/08: http://www.newsday.com/business/nationworld/ats
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